Echinea
ActiveSummary
Echinea has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-3k) and a net result of €-6k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 16618 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability21▼-79
Solvency20▼-9
Growth78=
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 0.76 in 2024; short-term debt: 86.7% and cash: 19.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-4.5%
Return on assets
-9.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
7 d early
2024
48 d late
2023
29 d late
2022
60 d late
2021
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-3k
2024 · €3k
2021: €-18k
2022: €-19k▼ -10.5% vs 2021
2023: €-36k▼ -85.3% vs 2022lowest in 5 years
2024: €3k▲ +109% vs 2023highest in 5 years
2025: €-3k▼ -195% vs 2024
2021 → 2025
Total assets
€67k▼ 20.9%
2024 · €85k
2021: €148khighest in 5 years
2022: €127k▼ -14.3% vs 2021
2023: €104k▼ -18.1% vs 2022
2024: €85k▼ -18.2% vs 2023
2025: €67k▼ -20.9% vs 2024lowest in 5 years
2021 → 2025
Net result
€-6k
2024 · €39k
2021: €-48klowest in 5 years
2022: €-2k▲ +96.1% vs 2021
2023: €-17k▼ -794% vs 2022
2024: €39k▲ +336% vs 2023highest in 5 years
2025: €-6k▼ -116% vs 2024
2021 → 2025
Working capital
€-33k▼ 207%
2024 · €-11k
2021: €13khighest in 5 years
2022: €-4k▼ -130% vs 2021
2023: €-37k▼ -802% vs 2022lowest in 5 years
2024: €-11k▲ +70.8% vs 2023
2025: €-33k▼ -207% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-18k-€-19k▼ 10.5%€-36k▼ 85.3%€3k€-3k
2021: €-18k
2022: €-19k▼ -10.5% vs 2021
2023: €-36k▼ -85.3% vs 2022lowest in 5 years
2024: €3k▲ +109% vs 2023highest in 5 years
2025: €-3k▼ -195% vs 2024
Operating result€-45k-€1k€-12k€42k€-5k
2021: €-45klowest in 5 years
2022: €1k▲ +103% vs 2021
2023: €-12k▼ -980% vs 2022
2024: €42k▲ +444% vs 2023highest in 5 years
2025: €-5k▼ -112% vs 2024
Net result€-48k-€-2k▲ 96.1%€-17k▼ 794%€39k€-6k
2021: €-48klowest in 5 years
2022: €-2k▲ +96.1% vs 2021
2023: €-17k▼ -794% vs 2022
2024: €39k▲ +336% vs 2023highest in 5 years
2025: €-6k▼ -116% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €42k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€42k ▼ 17.4%
Current assets
€25k ▼ 26.2%
Key figures and ratios
EBITDA
€4k▼
2024 · €51k
Cash flow
€3k▼
2024 · €48k
Solvency
-4.5%▼
2024 · 3.8%
Current ratio
0.43▼
2024 · 0.76
Quick ratio
0.25▼
2024 · 0.26
Debt to equity
-23.20▼
2024 · 25.66
ROA
-9.3%▼
2024 · 46.3%
Interest coverage
1.62▼
2024 · 17.37
Debt
€70k▼
2024 · €82k
Debt ≤ 1 year
€58k▲
2024 · €45k
Debt > 1 year
€9k▼
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€85k€67k▼
Fixed assets21/28€51k€42k▼
Intangible fixed assets21€2k€2k▼
Tangible fixed assets22/27€39k€31k▼
Land and buildings22€34k€28k▼
Plant, machinery and equipment23€5k€2k▼
Financial fixed assets28€9k€9k=
Current assets29/58€34k€25k▼
Stocks and contracts in progress3€22k€11k▼
Stocks30/36€22k€11k▼
Amounts receivable within one year40/41€293€1k▲
Trade receivables40€293€870▲
Other amounts receivable41-€132
Cash at bank and in hand54/58€11k€13k▲
Deferred charges and accrued income490/1€0€290▲
Equity and liabilities
Total equity and liabilities10/49€85k€67k▼
Equity10/15€3k€-3k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-27k€-33k▼
Amounts payable17/49€82k€70k▼
Amounts payable after more than one year17€37k€9k▼
Financial debts170/4€37k€9k▼
Amounts payable within one year42/48€45k€58k▲
Current portion of amounts payable after more than one year42€27k€28k▲
Trade debts44€3k€14k▲
Suppliers440/4€3k€14k▲
Advances received on contracts in progress46€530-
Taxes, remuneration and social security45€8k€8k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€6k€9k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€1k€811▼
Gross operating margin9900€52k€5k▼
Operating profit (loss)9901€42k€-5k▼
Financial income75/76B€481€1k▲
Recurring financial income75€481€1k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€39k€-6k▼
Income taxes67/77€209-
Profit (loss) for the period9904€39k€-6k▼
Profit (loss) for the period to be appropriated9905€39k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-33k▼
Profit (loss) brought forward from the previous period14P€-66k€-27k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3k | - | - |
| Remuneration, social security and pensions62 | €290 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €11k | €11k | €9k | €9k | ▼ 3.5% |
| Other operating charges640/8 | €903 | €336 | €1k | €1k | €811 | ▼ 22.8% |
| Gross operating margin9900 | €-32k | €13k | €-227 | €52k | €5k | ▼ 90.9% |
| Operating profit (loss)9901 | €-45k | €1k | €-12k | €42k | €-5k | ▼ 112% |
| Financial income75/76B | €588 | €5 | €104 | €481 | €1k | ▲ 129% |
| Recurring financial income75 | €588 | €5 | €104 | €481 | €1k | ▲ 129% |
| Financial charges65/66B | €3k | €3k | €3k | €3k | €2k | ▼ 17.5% |
| Recurring financial charges65 | €3k | €3k | €3k | €3k | €2k | ▼ 17.5% |
| Profit (loss) for the period before taxes9903 | €-48k | €-2k | €-15k | €39k | €-6k | ▼ 116% |
| Income taxes67/77 | - | - | €1k | €209 | - | - |
| Profit (loss) for the period9904 | €-48k | €-2k | €-17k | €39k | €-6k | ▼ 116% |
| Profit (loss) for the period to be appropriated9905 | €-48k | €-2k | €-17k | €39k | €-6k | ▼ 116% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €148k | €127k | €104k | €85k | €67k | ▼ 20.9% |
| Fixed assets21/28 | €86k | €75k | €64k | €51k | €42k | ▼ 17.4% |
| Intangible fixed assets21 | €9k | €8k | €7k | €2k | €2k | ▼ 17.4% |
| Tangible fixed assets22/27 | €68k | €58k | €48k | €39k | €31k | ▼ 21.6% |
| Land and buildings22 | €50k | €44k | €38k | €34k | €28k | ▼ 17.7% |
| Plant, machinery and equipment23 | €18k | €14k | €10k | €5k | €2k | ▼ 50.4% |
| Financial fixed assets28 | €9k | €9k | €9k | €9k | €9k | = |
| Current assets29/58 | €62k | €51k | €39k | €34k | €25k | ▼ 26.2% |
| Stocks and contracts in progress3 | €47k | €40k | €31k | €22k | €11k | ▼ 52.0% |
| Stocks30/36 | €47k | €40k | €31k | €22k | €11k | ▼ 52.0% |
| Amounts receivable within one year40/41 | €1k | €707 | €1k | €293 | €1k | ▲ 242% |
| Trade receivables40 | - | €575 | €1k | €293 | €870 | ▲ 197% |
| Other amounts receivable41 | €1k | €132 | €0 | - | €132 | - |
| Cash at bank and in hand54/58 | €10k | €9k | €7k | €11k | €13k | ▲ 15.1% |
| Deferred charges and accrued income490/1 | €3k | €2k | €571 | €0 | €290 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €148k | €127k | €104k | €85k | €67k | ▼ 20.9% |
| Equity10/15 | €-18k | €-19k | €-36k | €3k | €-3k | ▼ 195% |
| Contributions10/11 | €30k | €30k | €30k | €30k | €30k | = |
| Profit (loss) carried forward14 | €-48k | €-49k | €-66k | €-27k | €-33k | ▼ 23.1% |
| Amounts payable17/49 | €165k | €146k | €140k | €82k | €70k | ▼ 14.2% |
| Amounts payable after more than one year17 | €117k | €91k | €64k | €37k | €9k | ▼ 74.8% |
| Financial debts170/4 | €117k | €91k | €64k | €37k | €9k | ▼ 74.8% |
| Amounts payable within one year42/48 | €48k | €55k | €76k | €45k | €58k | ▲ 29.5% |
| Current portion of amounts payable after more than one year42 | €17k | €26k | €27k | €27k | €28k | ▲ 1.2% |
| Trade debts44 | €29k | €15k | €29k | €3k | €14k | ▲ 371% |
| Suppliers440/4 | €29k | €15k | €29k | €3k | €14k | ▲ 371% |
| Advances received on contracts in progress46 | €613 | €757 | €129 | €530 | - | - |
| Taxes, remuneration and social security45 | €1k | €3k | €9k | €8k | €8k | ▼ 3.4% |
| Taxes450/3 | - | €1k | €4k | €7k | €5k | ▼ 26.7% |
| Remuneration and social security454/9 | €1k | €2k | €5k | €2k | €3k | ▲ 100% |
| Other amounts payable47/48 | €126 | €10k | €10k | €6k | €9k | ▲ 48.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €3k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-48k | €-2k | €-17k | €39k | €-6k | ▼ 116% |
| + Depreciation and write-downs630 | €11k | €11k | €11k | €9k | €9k | ▼ 3.5% |
| Operating cash flow (approximation) | €-36k | €9k | €-6k | €48k | €3k | ▼ 94.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €5k | €0 | ▼ 100% |
| Change in cash | - | €-2k | €-2k | €5k | €2k | ▼ 64.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
31-12
Financial
Back to profitnet €39k
Net result €39k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hoogstraten · 1 establishment unit since 2020
Ground area
271 m²
Building footprint
202 m²
Volume, LiDAR
1,207 m³
Parcel 13014E0283/00E000, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Vrijheid 213, 2320 Hoogstraten
since 20202.308.807.460
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014E0283/00E000 | Flanders | 271 m² | 1 · 202 m² | 11.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,398 EUR awarded · 2,398 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,199 EUR | 1,199 EUR |
| 2024 | 1 | 1,199 EUR | 1,199 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHoogstraten2.308.807.460
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Of 10,450 companies in sector 86995 we hold annual accounts for 886. 272 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
86995Nutrition and dietetics services
10830Manufacture of food products
18130Pre-press and pre-media services
47120Other non-specialised retail sale
47279Other retail sale of food
47750Retail sale of cosmetics and toilet articles
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
73110Advertising agencies
73200Market research and public opinion polling
77110Renting and leasing of cars and light motor vehicles
Scores and ratios are computed by Checked and are not a credit decision.